We are increasing our fair value estimate for American Tower to $237 from $230 to account for the time value of money. Our new fair value implies an enterprise value/EBITDA and price/AFFO multiple of ...

Microsoft Corporation seems to be tightening its belt when it comes to spending. The tech giant has reportedly cancelled data ...

Despite a pledge made in January to spend $80 billion on AI data centers in FY 2025, a new report indicates Microsoft is ...

DOGE published an updated list of nearly 2,300 contracts that agencies terminated in recent weeks across the federal ...

Apple’s announcement signaled its near-term focus centers on artificial intelligence manufacturing. On Monday, the company ...

Microsoft has reportedly cancelled contracts with multiple operators representing gigawatts equal to two data centers.

CEO Steve Vondran emphasized the company's strong position entering 2025, attributing this to significant progress in deleveraging efforts and operational efficiencies. The company reduced cash SG&A ...

Despite potentially concerning news surrounding data center leases, Goldman Sachs has reiterated a $500 price target on ...

The report raised fears about the sustainability of AI infrastructure growth. That could mean less demand for Nvidia's chips.

The latest TD Cowen report shows that Microsoft has been canceling data center leases, hinting the tech giant faces an ...

In January, OpenAI and SoftBank Group Corp. announced a joint venture to spend at least $100 billion and perhaps $500 billion on data centers and other AI infrastructure.